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and technology companies. the company's ceo in new york for that bell ringing. officially did the honors. that is on the new york stock exchange. shares popped right out of the gate. the stock price is up by close to 35%, trades on the market today. the company's share started a dollar more than what was expected by the experts. >>> american airlines defending its plan to give its outgoing ceo almost $20 million in severance pay. american airlines ceo is being replaced by the chief executive officer of us airways, as soon as the two companies complete their merger. a trustee overseeing american airlines bankruptcy objects to the payout. american says bankruptcy code does not apply because the payout will be made by the new airline after the merger pulls it out of bankruptcy. >>> ebay is taking aim at amazon overhauling fees for sellers on the website. starting in april, ebay will let sellers list items for free. ebay will charge 4% to 10% items sold. the new fees are lower than amazon, which charges between 6 and 15% per item. >> sticking with the tech world, yahoo! on top to buy a stake
service really needs to keep up with technology. >> the postal service they want is to privatize the post office. one of the things they are aiming right now is to reduce from six-day to five-day delivery. later on they are going to try to privatize it. we don't want that. we cannot allow that to happen. >> with the economy improving, we're seeing the mail coming back a little bit slowly. what we've lost is bill paying. people pay bills online. it's free, convenient. that won't come back. we've reacted in a responsible way. >> he said they never laid anyone off. they used buyouts and other methods to reduce manpower. they are looking into using smart phones, package delivery options, testing a system where say you order by 9:00 a.m. and get package delivered by noon, he says the postal will be viable for the next 10 years. reporting live, christie smith. >>> a memorial growing in santa rosa today for a 14-year-old boy killed in a crash at a raceway. the family of marcus johnson owns this muffler shop in santa rosa. friends bringing flowers and candles and balloons to the front door leavin
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